In order to qualify for the PPP loan amount received, New Dragon Express' 2019 payroll expenses are estimated to be at least $22,397. Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). I'm glad they decided to open here in Escondido.
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Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above. Delivery & Pickup Options - 232 reviews of Dragon Express 'Delicious and quick.
Also, don't forget to mention Hubbiz to Dragon. After you do business with Dragon Express, please leave a review to help other people and improve hubbiz. Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs. About Dragon Express: Dragon Express is located at 1652 E Valley Pkwy in Escondido, CA - San Diego County and is a business listed in the categories Chinese Restaurants and Restaurant Chinese.This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. SES - Senior Executive Service Pay Calculatorįor New Dragon Express, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.
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